Court holds that liquidator examinations are to proceed
The NSW Supreme Court handed down a judgment in favour of Banton Group’s clients, Mr Kishore Matta and Avia Corporate FS Pty Ltd, which has paved the way for our clients to proceed with their proposed examinations of James Dampney, Peter Gothard and Stephen Parbery, the former administrators (Administrators) and (in the case of Mr […]
Can a third party rely on a valuation not addressed to it?
The matter of CBRE (V) Pty Ltd v City Pacific Ltd (in liq) [2002] NSWCA 54 was heard before the Court of Appeal on 24 and 25 March 2022 by Bell CJ, Leeming JA, and Brereton JA. It concerned an option to purchase land based on a series of valuations prepared by CBRE (V) Pty […]
MDBA unable to escape potential liability
MDBA unable to escape potential liability Doyle’s Farm Produce Pty Ltd v Murray Darling Basin Authority (No 2) [2021] NSWCA 246 The Court of Appeal handed down a significant judgment in a Banton Group-led class action, finding that the Murray Darling Basin Authority (MDBA) and the Commonwealth cannot escape potential liability for the alleged mismanagement […]
